👉100,000 new skilled trade workers are needed to meet housing demand. According to Monte McNaughton, Ontario's labour minister, the government plans to construct 1.5 million houses in the next ten years. However, this will require an additional 100,000 workers, which he believes is the most significant economic challenge facing Ontario. In an interview with CBC Toronto, McNaughton expressed his concerns.
Ontario's housing market is not only a concern for the future, but it is also costing the province billions of dollars annually, and Ontarians are gradually being priced out of the market. Richard Lyall, the president of Ontario's leading residential builders' association, the Residential Construction Council of Ontario (RESCON), believes that this is a significant issue that costs the Ontario economy approximately $13 billion per year.✅
👉100,000 new skilled trade workers are needed to meet housing demand. According to Monte McNaughton, Ontario's labour minister, the government plans to construct 1.5 million houses in the next ten years. However, this will require an additional 100,000 workers, which he believes is the most significant economic challenge facing Ontario. In an interview with CBC Toronto, McNaughton expressed his concerns.
Ontario's housing market is not only a concern for the future, but it is also costing the province billions of dollars annually, and Ontarians are gradually being priced out of the market. Richard Lyall, the president of Ontario's leading residential builders' association, the Residential Construction Council of Ontario (RESCON), believes that this is a significant issue that costs the Ontario economy approximately $13 billion per year.✅
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